Ikarus is an investor in the Middle East energy industry. Led by a team of experienced industry professionals, the company is a major shareholder in a growing portfolio of petrochemicals manufacturing operations.

We would like to draw the attention of the Shareholders of Ikarus Petroleum
Industries Co. that the company’s withdrawal from the Kuwait Stock Exchange
is effective from February 9, 2017. Shareholders will continue to find
company news and latest developments in the company's website www.Ikarus.com.kw. Shareholders can
also follow the latest developments in company shares through the website www.almowazi.com.